This 'trial by internet' is madness.
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Just in time to invade Iran!
In either case, I think the deficit for fiscal 2007 will be a lot lower: $135 billion (i.e., a harmless 1.0% of GDP). I also see that if the current trends continue, the unified budget would move into balance in October 2008. [The Democrats are still saying there's "no way" the budget will balance even by 2012; I don't know which numbers they're looking at, either, but I will be listening closely to their reaction if the budget does balance in 2008 or 2009.]
GOOD THING WE DONT HAVE A HUGE TRADE DEFICIT CAUSE OF CHINA..OH WAIT LOL WALMART